World Perspectives
livestock

Meat Exports and the Global Situation; December Domestic Market

Global Situation Tomorrow USDA will release its updated monthly trade data through October. A running tally of the value to date tells the story of the global trade situation and the global economy’s impact on the U.S. protein sector. In terms of volume, red meat exports started strong but have been trending down in the second half of the year due to tariffs and the strength of the U.S. dollar. However, they have been near last year’s trend lines for pork and up for beef. Meanwhile, poultry meat exports have held steady and started an uptick in the third quarter. The value of red meat exports has been pressured, though, especially for pork as that category is facing tariffs in the two key markets of China and Mexico. A strong...

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Market Commentary: Limping Home After a Dreary Week

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

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Recent Market Volatility Increases Futures Mispricing

Following the recent shocks to the grain markets – the Grain Stocks report data and news that soybeans will be on the negotiating table when Presidents Trump and Xi meet next – many are wondering what happens next as far as commodity pricing goes. WPI certainly doesn’t have a...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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